This report provides an overview of the alloy wheel manufacturing industry in India. It discusses the growth in the automobile industry in India in recent years due to initiatives by the government and investments by foreign automakers. It also summarizes the production, demand, imports, and exports of alloy wheels in India from 2008-2020. The report then describes the manufacturing process for alloy wheels and provides a cost analysis and profitability projections for starting an alloy wheel manufacturing plant in India.
Despite short-term headwinds, 3W industry is expected to grow at a moderate volume CAGR of single digit figure over the next five years. The domestic 3W passenger segment will be benefitted from product up-gradation (2-stroke to 4-stroke, Petrol/Diesel to LPG/CNG) and opening of fresh permits by the state governments. Piaggio has also entered urban 3W space with the launch of their APE City model which run on cleaner fuel like LPG/CNG. The domestic 3W goods segment continues to benefit from its favorable operating economics despite stiff competition from 4W Small Commercial Vehicles (SCVs). Lastly, 3W exports are expected to remain robust due to rapid economic growth, rising disposable incomes, evolving travel & consumption patterns, improving road infrastructure, increasing demand for motorized transportation and inadequate public transport systems in target emerging markets like African, Latin American & South Asian countries. TVS has been making steady inroads in this segment with a exponential growth in the last financial year. Overall, the long-term sales growth is expected to be the highest in the exports segment, followed by that in the passenger carrier segment and the lowest in the goods carrier segment (due to intense competition from the SCV segment).
Apart from the domestic demand, India has also emerged as a major export hub for 3Ws with presence in some of the South Asian, African and Latin American markets that are replicating Indian 3W story with rising disposable incomes but inadequate public transport systems. Overall, the 3W industry has witnessed relatively healthy CAGR volume
growth driven by moderate domestic growth and robust exports growth. However, four-wheeled Small Commercial Vehicles (mainly Tata ACE in 2005-06) has altered the industry dynamics – especially for the cargo segment, considerably over the last few years. While high tonnage (0.75T and above) 3W cargo segment has already lost out to 4W SCVs that provide higher stability, safety, speed, space and style; SCVs are gaining popularity even in the lower tonnage (0.5T) Cargo and Passenger segments with introduction of some of the recently introduced smaller vehicles by CV OEMs. New segments & sub segments are emerging within SCVs with the success of Ashok Leyland Dost in the higher tonnage SCVs segment(Pickup trucks). While domestic 3W goods segment has degrown, SCVs have reported robust CAGR growth over the last few years. Besides, slowing economic growth, high inflation, increase in financing costs, rising fuel prices, absence of fresh permits by the state governments and overall high base has impacted domestic 3W passenger sales in FY13.
Casting foundries in India are compared by the percent of sales generated from new opportunities. Foundries are exporting more and are growing into new markets slightly more.
Despite short-term headwinds, 3W industry is expected to grow at a moderate volume CAGR of single digit figure over the next five years. The domestic 3W passenger segment will be benefitted from product up-gradation (2-stroke to 4-stroke, Petrol/Diesel to LPG/CNG) and opening of fresh permits by the state governments. Piaggio has also entered urban 3W space with the launch of their APE City model which run on cleaner fuel like LPG/CNG. The domestic 3W goods segment continues to benefit from its favorable operating economics despite stiff competition from 4W Small Commercial Vehicles (SCVs). Lastly, 3W exports are expected to remain robust due to rapid economic growth, rising disposable incomes, evolving travel & consumption patterns, improving road infrastructure, increasing demand for motorized transportation and inadequate public transport systems in target emerging markets like African, Latin American & South Asian countries. TVS has been making steady inroads in this segment with a exponential growth in the last financial year. Overall, the long-term sales growth is expected to be the highest in the exports segment, followed by that in the passenger carrier segment and the lowest in the goods carrier segment (due to intense competition from the SCV segment).
Apart from the domestic demand, India has also emerged as a major export hub for 3Ws with presence in some of the South Asian, African and Latin American markets that are replicating Indian 3W story with rising disposable incomes but inadequate public transport systems. Overall, the 3W industry has witnessed relatively healthy CAGR volume
growth driven by moderate domestic growth and robust exports growth. However, four-wheeled Small Commercial Vehicles (mainly Tata ACE in 2005-06) has altered the industry dynamics – especially for the cargo segment, considerably over the last few years. While high tonnage (0.75T and above) 3W cargo segment has already lost out to 4W SCVs that provide higher stability, safety, speed, space and style; SCVs are gaining popularity even in the lower tonnage (0.5T) Cargo and Passenger segments with introduction of some of the recently introduced smaller vehicles by CV OEMs. New segments & sub segments are emerging within SCVs with the success of Ashok Leyland Dost in the higher tonnage SCVs segment(Pickup trucks). While domestic 3W goods segment has degrown, SCVs have reported robust CAGR growth over the last few years. Besides, slowing economic growth, high inflation, increase in financing costs, rising fuel prices, absence of fresh permits by the state governments and overall high base has impacted domestic 3W passenger sales in FY13.
Casting foundries in India are compared by the percent of sales generated from new opportunities. Foundries are exporting more and are growing into new markets slightly more.
Commercial Vehicle industry in India has contributed significantly in the growth of national economy. Check out this presentation to know more about this industry and its future endeavours in India.
ICF International’s Jonathan Berger originally shared this overview of the surplus part market at the ALTA CCMA Airlines and Suppliers Annual Meeting, Punta Cana, Dominican Republic, on May 18, 2015.
To learn more, please visit: http://www.icfi.com/markets/aviation/maintenance-repair-and-overhaul
Automotive cluster. "Youth and clusters: do clusters visible Russian and glob...Молодежь и кластеры
The final presentation of Automotive cluster team in the program "Youth and clusters: do clusters visible Russian and global. Samara region - 2014."
Submitted materials are developed by program participants - students under the guidance of professional curators in the first phase of the program "Charting clusters" which was held from March 25 to April 22, 2014.
The team was tasked with:
• create a map of the enterprises and organizations of their cluster,
• determine the main directions of development of the industry in the region
• answer the question: "What are the competitive capabilities of the Samara region on the economic direction?"
September 15, 2014 starts a new stage of program "Charting the Trends"
Participants are welcome!
Participation in the program
For participation in the program, press accreditation and conducting of the program in your region, please contact:
smklaster@gmail.com
Gujarat’s Automotive Revolution Triggers a Specialized Automotive Manufacturi...flashnewsrelease
* Gujarat strongly moving in the direction of becoming India’s prominent Automotive Hub. * Need for vehicle & component manufacturers to share platform with the system integrators & Technology providers. * AES, the only show in the country dedicated to specialized solutions for automotive manufacturing moves to Gujarat.
Commercial Vehicle industry in India has contributed significantly in the growth of national economy. Check out this presentation to know more about this industry and its future endeavours in India.
ICF International’s Jonathan Berger originally shared this overview of the surplus part market at the ALTA CCMA Airlines and Suppliers Annual Meeting, Punta Cana, Dominican Republic, on May 18, 2015.
To learn more, please visit: http://www.icfi.com/markets/aviation/maintenance-repair-and-overhaul
Automotive cluster. "Youth and clusters: do clusters visible Russian and glob...Молодежь и кластеры
The final presentation of Automotive cluster team in the program "Youth and clusters: do clusters visible Russian and global. Samara region - 2014."
Submitted materials are developed by program participants - students under the guidance of professional curators in the first phase of the program "Charting clusters" which was held from March 25 to April 22, 2014.
The team was tasked with:
• create a map of the enterprises and organizations of their cluster,
• determine the main directions of development of the industry in the region
• answer the question: "What are the competitive capabilities of the Samara region on the economic direction?"
September 15, 2014 starts a new stage of program "Charting the Trends"
Participants are welcome!
Participation in the program
For participation in the program, press accreditation and conducting of the program in your region, please contact:
smklaster@gmail.com
Gujarat’s Automotive Revolution Triggers a Specialized Automotive Manufacturi...flashnewsrelease
* Gujarat strongly moving in the direction of becoming India’s prominent Automotive Hub. * Need for vehicle & component manufacturers to share platform with the system integrators & Technology providers. * AES, the only show in the country dedicated to specialized solutions for automotive manufacturing moves to Gujarat.
Analysis of Automobile Industry through marketing and economic factorsDivyansh Kaushik
The report uses economic and marketing factors to analyze the industry performance over the past years.it uses micro economic factors and porter's five force model for proper understanding of the concepts.It also talks in detail about Maruti Suzuki as the market leader of the industry.
List of Profitable Business Ideas for Production of Industrial & Engineering ...Ajjay Kumar Gupta
List of Profitable Business Ideas for Production of Industrial & Engineering Products, Manufactured Goods, Industrial Engineering Products.
(Mechanical, Engineering, Automobile Industries, Metal, Metallurgical, S.S. Utensil, Wire, Aluminum, Brass, Copper Products, LPG Cylinder and Valves)
The Indian Engineering sector has witnessed a remarkable growth over the last few years driven by increased investments in infrastructure and industrial production. The engineering sector, being closely associated with the manufacturing and infrastructure sectors, is of strategic importance to India’s economy.
India on its quest to become a global superpower has made significant strides towards the development of its engineering sector. India exports transport equipment, capital goods, other machinery/equipment and light engineering products such as castings, forgings and fasteners to various countries of the world. The Indian semiconductor industry offers high growth potential areas as the industries which source semiconductors as inputs are themselves witnessing high demand.
See more
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Contact us:
Niir Project Consultancy Services
An ISO 9001:2015 Company
106-E, Kamla Nagar, Opp. Spark Mall,
New Delhi-110007, India.
Email: npcs.ei@gmail.com , info@entrepreneurindia.co
Tel: +91-11-23843955, 23845654, 23845886, 8800733955
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Website: www.entrepreneurindia.co , www.niir.org
Tags
Production of Engineering Products, Manufacturing of Engineering Products, Manufactured Goods & Engineering Products, Production of Automotive, Mechanical and Engineering Products Production, Industrial and Engineering Products Production, Automobile Industry, Highly Profitable Automobile Business Ideas, Indian Automobile Manufacturing Industry, Production of Piston for Internal Combustion Engines, Automobile Brake Shoes Production, Manufacturing of Aluminium Utensils, Production of Mild Steel Welding Electrode, Silicon Metal, Inner Grooved Copper Tube Manufacturing Unit, Production of Nuts and Bolts (Automatic Plant), Sponge Iron Plant, Aluminium Building Hardware, Forging Unit for Automobile Spare Parts, Metal Fabrication Unit Based on Water Jet Cutting Machine, Forging on Open Die Hammers, Electrical Stamping, Galvanized Iron Wire, Rubber Roller for Printing Machine, Production of Crane Hooks and Other Forged Products (Suspension Part, Suspension Shaft, Safety Latch), OCTG Tube and Fittings, Aluminium Pressure and Gravity Die-Casting, Salt Glazed Stoneware Pipes & Fittings, Power Cable Manufacturing Plant, Maintenance Free Rechargeable Battery, Production of Electric Motors, Inverters 50 hz 100 To 1000 Kva, Industrial Pumps (High Capacity), Production of Automotive Tyre (Tire) Plant for Car & Trucks, Rubber Gaskets Production, Hot Dip Galvanizing Plant, High Mast Poles, Hydraulic Filters, Wire Nail & Wire Drawing Plant
Asia-Pacific countries have contributed to growth of the global automobile sector. Developing Asia Pacific region will contribute 62.2% of auto and auto components sector growth for the period 2015-19. The quantitative growth in this region is expected to reach 101mn units in 2017 at a CAGR of 5%. India is a significant contributor from this region with a potential to become the 4th largest automobile producer by 2020. Automobile sector contributes 7.1% to the Indian GDP and was more than 45% of manufacturing GDP in FY14. Karnataka is the 4th largest state in automotive production with output of USD 2.8 bn, contributing 8.5% to national sector output. The automotive industry provides employment to more than 55,000 workers in the state of Karnataka.
An Analysis of Automobile Industry of India as a Market StructureMuhammad Anowar
Automobile industry is a symbol of technical marvel by human kind. Being one of the fastest growing sectors in the world its dynamic growth phases are explained by nature of competition, product life cycle and consumer demand. Today, the global automobile industry is concerned with consumer demands for styling, safety, and comfort; and with labor relations and manufacturing efficiency. The industry is at the crossroads with global mergers and relocation of production centers to emerging developing economies.
Asia has become the major consumer as well as supplier of automobiles. India is concentrating on Middle East and south Asia beside traditional developed country destinations. With the gradual opening up of the component sector, now the challenge is for individual governments to support the development of domestic critical component and sub-system suppliers through, improvement in the investment environment, stronger patent regimes and incentives for R&D.
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PRACTICAL PROJECT EXECUTION KNOW-HOW REPORT ON ALLOY WHEELS MANUFACTURING PLANT (PRESENT and FUTURE Prospects, Market Size, Statistics, Trends, SWOT Analysis and Forecasts Upto 2020)
1. PRACTICAL PROJECT EXECUTION KNOW-HOW REPORT ON
ALLOY WHEELS MANUFACTURING PLANT
(PRESENT and FUTURE Prospects, Market Size, Statistics, Trends, SWOT Analysis and Forecasts
Upto 2020)
PUBLISHER: ENGINEERS INDIA RESEARCH INSTITUTE (EIRI), An experienced
industrial consultants working over 35 years and heve published over 175
technology publications
Aluminum alloy wheels and wheel covers have the advantage of low weight and high
degree of corrosion-resistance. It is the high time to boost-up this substitution because
on one hand the availability of aluminum is assured as its raw material while on the
other hand, the automobile industry has started looking-up after a long recessionary
stretch. But, aluminium alloy wheels are more readily acceptable due to the interests in
manufacturing fuel-efficient auto-vehicles.
Various incentives and concessions offered by the government to Rs. 12,000 crore
automobile industry has succeeded in bringing the industry back to track. Automobile
market has picked-up its demand. Maruti's new car for exports to Europe and new tie-
ups by other car manufacturers have given a new dynamism to Indian automobile
industry. Tatas have promised to put India-made Mercedes on roads along with
other foreign models. Reputed foreign automobile companies are entering into tie-
ups with indian firms for manufacturing vehicles, in the country. Hindustan Motors
will set-up a joint venture with General Motors of USA for manufacturing cars.
Similarly, Premier Automobiles Ltd. (PAL) is undergoing collaboration with French
firm Peugeot to manufacture a range of motor cars, in India. According to a report, the
French car manufacturing companies of repute are trying to make India their
manufacturing base.
All these significant changes indicate that there will be an all round quality
consciousness in the country in future.
Recently, Indian auto-ancillary industry has been plagued by problems of increase in
the manufacture f spurious parts. Out of the total manufacture of auto-parts worth Rs.
3,500 crore, India exported Rs. 375 crore, to Dacwoo Motor Corporation (S. Korea),
Lana Corporation (USA), and DAF (Holland), etc.
LCVs industry showed over 58% growth, despite the tight money markets, low
depreciation rates and shift in the corporate purchase period. India produces cars (0.2
mm nos.), trucks (0.1 mm nos.) 6T GVW (0.10 mn nos.), and 2-wheelers (1.7 mn
nos.) totaling 2 million nos. which is 3% of the world automobile vehicles production.
This scenario is felt the best for in introducing aluminium alloy wheels for auto
vehicles.
2. AUTOMOBILE INDUSTRY IN INDIA
Government Initiatives
The Government of India plans to introduce fuel-efficiency ratings for automobiles to
encourage sale of cars that consume less petrol or diesel, per Mr Veerappa Moily,
Union Minister for Petroleum and Natural Gas, Government of India.
The Union Budget 2013-14 added some incentives to the industry. The analysis by
Deloitte on the Union Budget highlighted the following points:
The period of concession available for specified part of electric and hybrid
vehicles till April 2013 has been extended upto March 31, 2015
The basic customs duty (BCD) on imported luxury goods such as high-end motor
vehicles, motor cycles, yachts and similar vessels was increased. The duty was
raised from 75 per cent to 100 per cent on cars/ motor vehicles (irrespective of
engine capacity) with CIF value more than US$ 40,000; from 60 per cent to 75
per cent on motorcycles with engine capacity of 800 cc or more and on yachts
and similar vessels from 10 per cent to 25 per cent
In addition, an increase in excise duty from 27 to 30 per cent has been allowed
for SUVs with engine capacity exceeding 1,500 cc, while excise duty was
decreased from 80 to 72 per cent, in case of SUVs registered solely to be used
for taxi purposes
An exemption from BCD on lithium ion automotive battery for manufacture of
lithium ion battery packs for supply to manufacturers of hybrid and electric
vehicles
The excise duty on chassis of diesel motor vehicles for transport of goods
reduced from 14 per cent to 13 per cent
The Government of India allows 100 per cent FDI in the automotive industry through
automatic route. The Government also plans to accelerate the supply of electric
vehicles over the next eight years. It is expected that there will be a demand for 5-7
million electricity-operated vehicles by 2020.
With special focus on exports of small cars, MUVs, two & three wheelers and auto
components; the automotive sector’s contribution to the gross domestic product (GDP)
is expected to double reaching a turnover worth US$ 145 billion in 2016, according to
the Automotive Mission Plan (AMP) 2006-2016.
3. Why to Buy this Report:
This detailed research report helps you get a detailed picture of the Alloy wheel industry
by providing overview of the industry along with the market structure, classification and
technology details with complete latest cost economics and profitability analysis.
The report provides market analysis covering major growth driving factors for the
industry and latest market trends in the industry
This report helps to understand the present status of the allow wheels industry by
elucidating a comprehensive market with future demand and supply analysis and scrutiny
of the demand supply situation with technology details to start and setup the industry.
The report provides forecasts of key parameters which helps to anticipate the industry
performance
Our Approach:
Our research reports broadly cover Indian markets, present analysis, outlook and forecast
for a period of five years.
The market forecasts are developed on the basis of secondary research and are cross-
validated through interactions with the industry players
We use reliable sources of information and databases. And information from such
sources is processed by us and included in the report
EIRI have experienced technologists with its team to provide you the all genuine data.
DETAILED CONTENTS COVERED IN THE REPORT.
1. INTRODUCTION
2. PROPERTIES
3. B.I.S. SPECIFICATIONS
4. MARKET SURVEY
5. GLOBAL AUTOMOTIVE ALUMINIUM WHEEL INDUSTRY (2014-2016)
6. ALUMINUM WHEEL INDUSTRY TRANSFER TO ASIA ESPECIALLY TO CHINA
7. CHINA WHEEL-HISTORY AND DEVELOPMENT MOST VALUABLE CLIENTS GROUP IN THE WORLD
8. PRODUCTION OF ALUMINUM ALLOY WHEEL IN INDIA
9. IMPORT AND EXPORT OF ALUMINUM ALLOY WHEEL
10. ALUMINUM WHEEL EXPORT DATA & EXPORT SHIPMENT
11. DATA OF INDIA (SEP 13 TO NOV 13)
12. ALUMINUM WHEEL IMPORT DATA & IMPORT STATISTICS IN INDIA (OCT 13 TO NOV 13)
13. INSTALLED CAPACITY, PRODUCTION & CAPACITY UTILIZATION OF ALUMINUM ALLOY
WHEELS UPTO 2013
14. APPARENT CONSUMPTION OF ALUMINUM ALLOY WHEEL 2008 TO 2013
15. ESTIMATED DEMAND UPTO 2019-2020
16. DEMAND SUPPLY GAP 2019-2020
17. MANUFACTURING PROCESS
18. PROCESS FLOW DIAGRAM
4. 19. PLANT LAYOUT
20. PRESENT MANUFACTURERS/ SUPPLIERS/ EXPORTERS/ DEALERS OF ALLOY WHEELS
21. SUPPLIERS OF RAW MATERIALS
22. SUPPLIERS OF PLANT & MACHINERY
23. SUPPLIERS/MANUFACTURERS OF ALLOY WHEEL
APPENDIX – A
1. COST OF PLANT ECONOMICS
2. LAND & BUILDING
3. PLANT AND MACHINERY
4. FIXED CAPITAL INVESTMENT
5. RAW MATERIAL
6. SALARY AND WAGES
7. UTILITIES AND OVERHEADS
8. TOTAL WORKING CAPITAL
9. COST OF PRODUCTION
10. PROFITABILITY ANALYSIS
11. BREAK EVEN POINT
12. RESOURCES OF FINANCE
13. INTEREST CHART
14. DEPRECIATION CHART
15. CASH FLOW STATMENT
16. PROJECTED BALANCE SHEET
Total No. of Pages : 141
Price in India Rs. 44944/- or US $ 875/-
ISBN: 9789380772462
Author: EiRi Board of Consultants
Published: 2014
Online Buy Link:
http://www.eiribooksandprojectreports.com/index.php?route=product/pr
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